PPC gets initial approval for 200 mln euro loan
Greece’s power utility Public Power Corp. secured initial approval for a 200 million euro ($210.5 million) bank loan by the country’s main lenders, it said on Wednesday.
The banks are expected to notify PPC on the final terms for the new syndicated loan before it is signed, PPC said in a bourse filing.
The utility has a 200 million euro bond due at the end of April. It also has several coupon payments totalling 340 million euros falling due by the end of the year.
You may be interested
Alternate Foreign Minister Varvitsiotis: Significant tension between Greece and Turkey if Hagia Sophia turned into MosquePanos - Jul 03, 2020
Α possible Turkish government’s decision turning Hagia Sophia into a mosque would signal a significant tension in the Greek-Turkish relations…
Greece: E-governance Min. Pierrakakis outlines digitization progress at online e-conferencePanos - Jul 03, 2020
Digital Governance Minister Kyriakos Pierrakakis outlined the key steps so far taken under the government’s digital transformation policy, while speaking…
Incoming flight passengers total 21.000 at Athens International on reopening day of all Greek airportsPanos - Jul 03, 2020
Some 21,100 passengers and 55 international flights arrived at Athens International Airport on July 1, the first day of the…